Statement of cash flows, additional disclosures

14 Months Ended

Dec. 31, 2022

Notes to the Consolidated Statement of Cash Flows

Notes to the consolidated statement of cash flows

As at December 31, 2022, the Company had cash on hand of $110.6 million (October 31, 2022: $269.3 million) and cash equivalents in the form of short term guaranteed investment certificates of $407.3 million (October 31, 2022: $309.0 million).

Changes in liabilities arising from financing activities comprise the following:


For the two months ended December 31,							2022
	Lease liabilities		Restoration provisions		Convertible debt		Conversion feature of convertible debt















Balance, beginning of the period	$	51.8	$	0.4	$	244.6	$	43.9
Cash changes:
Repayments of lease liabilities	(0.5)		—		—		—


Total changes from financing cash flows	(0.5)		—		—		—
Non-cash changes:
New leases	1.8		—		—		—


Accrued interest and accretion	—		—		(6.6)		—
Foreign exchange gain or (loss)	0.8		—		—		—
Fair value gain/loss on conversion feature of convertible debt	—		—		—		(21.4)
Accrued interest paid in kind	—		—		12.4		—
Total non-cash changes	$	2.6	$	—	$	5.8	$	(21.4)
Balance, end of the period	$	53.9	$	0.4	$	250.4	$	22.5